Message:

<p>[QUOTE=&quot;clembo, post: 292313, member: 8033&quot;]A great subject full of so many variables and opinions.</p><p><br /></p><p>I use the ANA book myself. I like the fact that they do mention weak strikes etc. </p><p>I am by no means a professional grader, however, being a 2 Cent Junkie I have noticed a lot of things about them over the years.</p><p>For example 1867 coins are often weakly struck - no mention of this in ANA but believe me it&#039;s true.</p><p><br /></p><p>Actually most of the &quot;technically&quot; graded 2 Cent pieces I see slabbed by reputable TPGs are correct in my opinion.</p><p><br /></p><p>Now as for &quot;market&quot; grading I&#039;ve seen some of the worst overgrading ever on these coins especially the key small motto and 1872 dates (go figure).</p><p>At a show I had a dealer (with three severely overgraded 1872 tell me I&#039;d NEVER find one with with a strong WE if I could find one with WE at all. Well, I have three now - NOT razor sharp but most defninetely strong.</p><p><br /></p><p>On another occasion I purchased a VF20 1872 from a dealer off a web site. NOW, this dealer is actually a contributor to Redbook. When I received the coin it had numerous rim dings (quite noticeable) and less than F12 detail. I showed this coin to my local dealers as well as sending pics to my friends on the internet. </p><p>When I inquired (and I had read the policies believe me) about returning the coin he was very rude. His main argument? I&#039;m a contributor to Redbook. Big deal - I got my money back on a coin that I told him &quot;was grossly over graded&quot;.</p><p><br /></p><p>Now taking this further into TPGs I do feel that some coins do get over graded due to rarity even if they are not extremely rare. What one uses as a grading guide really comes into play here I believe.</p><p>Mikenoodle mentioned the 1927-S Standing Liberty Quarter - boy did that hit home!</p><p><br /></p><p>This is a coin that I always thought was under rated even in lower grades so I used to buy them in VG (my local dealer using ANA standards) for $10-15. Many of his VGs were just a hair short of F12. Then as I got into ebay and shows I would see PCGS coins at F12 or even 15 that had nothing on my raw VGs. Difference? PCGS really seems to concentrate on the knee and not the shield.</p><p><br /></p><p>So should I send my VGs in to be slabbed by PCGS hoping for the F12 or higher and turn my $10 coin into a $90 coin (less slabbing fees of course). Then I could sell the slab and not the coin.</p><p><br /></p><p>Through all of my rambling my point is this. There is a big difference between technical and market grading. There are also a ton of variables in the overall equation.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in